Oil & Gas Property in Montmorency County, MI
Key data points for Nichols
| County | Montmorency County, MI |
|---|---|
| Production Dates | Nov 1987 - Dec 2023 |
| Total Oil Production | 125 BBLs |
| Total Gas Production | 1,938,518 MCF |
| Recent Oil Production | 0 BBLs in Dec 2023 |
| Recent Gas Production | 1,105 MCF in Dec 2023 |
| Wells on Property | 2 |
Our Valuation Estimates for Nichols
ShaleAssessment™
$3,425 *
MarketMultiple™
$46,242 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 17 properties to the Nichols property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Black-Cooley | Otsego County, MI | 0 BBLs | 0 MCF | Apr 2020 |
| Brown | Otsego County, MI | 0 BBLs | 0 MCF | Oct 1982 |
| Campbell | Otsego County, MI | 0 BBLs | 0 MCF | Oct 1982 |
| Charlton | Otsego County, MI | 0 BBLs | 21,582 MCF | Feb 2024 |
| Knight-Vienna 4 | Montmorency County, MI | 0 BBLs | 0 MCF | Nov 2023 |
| Lavigne 1-35 | Montmorency County, MI | 0 BBLs | 0 MCF | Sep 2008 |
| Marstrand | Otsego County, MI | 0 BBLs | 0 MCF | Sep 2023 |
| North Hidden Lake | Montmorency County, MI | 0 BBLs | 9,922 MCF | Feb 2024 |
| Rosen Trust | Montmorency County, MI | 0 BBLs | 0 MCF | Sep 1988 |
| State Charlton | Otsego County, MI | 1,938 BBLs | 26,878 MCF | Feb 2024 |
| State Montmorency | Montmorency County, MI | 0 BBLs | 0 MCF | Jul 2020 |
| State VIenna | Montmorency County, MI | 0 BBLs | 778 MCF | Dec 2023 |
| State VIenna | Montmorency County, MI | 83 BBLs | 1,741 MCF | Dec 2023 |
| Summerland | Otsego County, MI | 0 BBLs | 159 MCF | Feb 2024 |
| Vienna | Montmorency County, MI | 0 BBLs | 15,807 MCF | Feb 2024 |
| Weber | Otsego County, MI | 122 BBLs | 180 MCF | Dec 2023 |
| Williams | Otsego County, MI | 0 BBLs | 975 MCF | Feb 2024 |
These are the closest 20 companies operating near the Nichols property.